Niraj cement

Mumbai, India Founded: 1972 • Age: 54 yrs Listed
Provider of roads infrastructure development services

About Niraj cement

Niraj cement is a publicly listed company based in Mumbai (India) founded in 1972. Provider of roads infrastructure development services. The company has 18 employees. Its chief executive, as recorded, is Dipak Dattagupta. Its Indian entity Niraj Cement Structurals Limited reported revenue of β‚Ή557 Cr. Niraj cement offers products and services including Transportation Infrastructure and Urban Infrastructure. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers, Infrastructure and Hard Infrastructure. Its competitors include IL&FS Transportation, G R Infraprojects and Hazoor; 2 of its 3 listed competitors have raised funding.

Company details

Niraj Cement was established in 1972 and is based in Mumbai, India. Focus is placed on the infrastructure sector, particularly roads development. Services encompass planning, construction, and maintenance of road networks. Operations are conducted primarily within India, supporting various infrastructure projects. The company is led by CEO Dipak Dattagupta, with its online presence maintained through the domain niraj.co.in.

  • Headquarters Mumbai, India
  • Employees 18
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website niraj.co.in
  • Social LinkedIn
  • Legal Name Niraj Cement Structurals Limited
Key Metrics
  • Market Cap
    ₹148 Cr

    NIRAJ · NSE

  • Share Price
    ₹23.97

    -3.07% today

  • Revenue
    ₹542 Cr

    FY 2025-26 · +6.9% YoY

  • EBITDA
    ₹19.38 Cr

    Margin 3.6%

  • Net Profit
    ₹21.13 Cr

    FY 2025-26 · +36.0% YoY

  • P/E (TTM)
    6.2x

    P/B 0.6x

  • Employee Count
    18

Products & Services of Niraj cement

Niraj cement offers a comprehensive portfolio of products and services, including Transportation Infrastructure and Urban Infrastructure.

Transportation Infrastructure
Infrastructure Services

Solutions for developing roads and highways infrastructure

Urban Infrastructure
Infrastructure Services

Services for urban development and structural projects

Board of directors of Niraj Cement Structurals Limited (Niraj cement)

Niraj Cement Structurals Limited is the primary company behind Niraj cement. The board of Niraj Cement Structurals Limited currently have 6 directors; the longest-serving is Dimple Deepak Geruja, appointed in 2017. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dimple Deepak Geruja
DIN 07797357
Director19 Apr 20179 yrs 6 moNiraj Cement Structurals Limited
Ratan Umesh Sanil
DIN 07785011
Director14 Dec 20178 yrs 10 moNiraj Cement Structurals Limited
Vishram Pandurang Rudre
DIN 08564350
Managing Director13 Feb 20215 yrs 8 moNiraj Cement Structurals Limited
Sudhakar Balu Tandale
DIN 09083084
Whole-time director13 Feb 20215 yrs 8 moNiraj Cement Structurals Limited
Partha Sarathi Raut
DIN 08804981
Director02 Jul 20215 yrs 4 moNiraj Cement Structurals Limited
Kavita Suresh Hindia
DIN 09335908
Director25 Aug 20233 yrs 2 moNiraj Cement Structurals Limited

People of Niraj cement

1 people are tracked at Niraj cement (1 in leadership); the tracked headcount is 18.

NameRoleGroup
Dipak Dattagupta
CEOLeadership
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IPO & Listings of Niraj cement

Niraj cement is a publicly listed company on the NSE with ticker symbol NIRAJ in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date01 Oct 2020
  • Listed onNSE: NIRAJ
  • Listed entityNiraj Cement Structurals Limited
  • Exchange sectorIndustrial services
  • ISININE368I01016
  • Share price₹27.85 (+0.58% on the day) · 2026-10-14
  • Market capitalisation₹161 Cr
  • Price to earnings7.0
  • EPS (diluted, trailing year)₹3.97
  • Volume (last session)1,159

Financials of Niraj cement

Exchange-reported figures of Niraj Cement Structurals Limited, the listed company behind Niraj cement (NSE: NIRAJ).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹542 Cr
+6.9% YoY
EBITDA
₹19.38 Cr
+20.8% YoY
Profit After Tax
₹21.13 Cr
+36.0% YoY
Net Worth
₹266 Cr
+9.3% YoY
Total Assets
₹342 Cr
+39.3% YoY
Total Debt
₹76.02 Cr
+3324.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue542507471606356175
Revenue growth+6.9%+7.7%-22.3%+70.1%+103.9%-
EBITDA19.3816.047.204.630.66(0.06)
EBITDA margin+3.6%+3.2%+1.5%+0.8%+0.2%-0.0%
Profit before tax28.5320.0713.026.833.221.97
Net profit21.1315.5415.757.175.541.89
Net profit margin+3.9%+3.1%+3.4%+1.2%+1.6%+1.1%
EPS (β‚Ή)3.542.532.421.000.560.31
Balance sheet
Total assets342246154203193207
Net worth266243152176179177
Total debt76.022.220.7225.9313.4630.32
Cash & bank31.8841.3322.9422.8137.195.66
Net working capital27117095.38151141147
Cash flow
Cash from operations(98.00)(72.87)26.91(29.85)38.52(5.17)
Cash from investing17.07(18.86)(4.86)14.55(11.04)(9.32)
Cash from financing70.79105(25.71)4.82(16.99)9.34
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10513614017294.54167120138
Revenue growth (YoY)+10.6%-18.7%+16.8%+24.4%+14.4%---
Other income6.996.383.082.282.883.171.380.99
EBITDA1.174.406.339.63(0.98)8.222.094.75
EBITDA margin+1.1%+3.2%+4.5%+5.6%-1.0%+4.9%+1.7%+3.4%
Depreciation0.550.670.580.630.570.610.530.56
Interest2.642.010.910.060.040.020.020.02
Profit before tax4.978.107.9211.221.2910.762.925.16
Tax1.402.452.252.410.302.300.751.24
Net profit3.575.655.678.810.998.462.173.92
EPS (β‚Ή)0.600.950.951.480.171.350.500.98
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue540507470605356175124
Revenue growth+6.7%+7.8%-22.3%+69.8%+103.9%+41.4%-
EBITDA19.6215.967.764.230.74(0.06)3.74
EBITDA margin+3.6%+3.2%+1.7%+0.7%+0.2%-0.0%+3.0%
Profit before tax29.0020.2113.586.433.301.971.95
Net profit21.6015.7616.406.825.621.892.80
Net profit margin+4.0%+3.1%+3.5%+1.1%+1.6%+1.1%+2.3%
EPS (β‚Ή)3.622.552.560.930.580.310.73
Balance sheet
Total assets335245153202193207195
Net worth267244153176179177175
Total debt68.050.580.1525.9313.4630.3219.35
Cash & bank30.1230.3022.9222.7437.185.6611.26
Net working capital27016995.22151141147148
Cash flow
Cash from operations(85.66)(82.90)27.95(30.45)38.59(5.17)(18.01)
Cash from investing20.33(18.77)(5.51)15.08(11.12)(9.32)8.73
Cash from financing64.45104(26.05)4.82(16.99)9.3418.47
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10413514017294.44167120138
Revenue growth (YoY)+10.4%-19.2%+16.8%+24.3%+14.6%---
Other income7.076.543.102.292.883.291.380.99
Total expenses10313113316295.32158118133
EBITDA1.523.766.759.99(0.88)8.252.144.88
EBITDA margin+1.5%+2.8%+4.8%+5.8%-0.9%+5.0%+1.8%+3.5%
Depreciation0.490.630.580.630.570.610.530.56
Interest2.642.010.910.060.040.020.020.02
Profit before tax5.467.668.3611.591.3910.912.975.29
Tax1.402.432.252.410.302.760.751.24

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10513614017294.54167120138
Revenue growth (YoY)+10.6%-18.7%+16.8%+24.4%+14.4%---
Other income6.996.383.082.282.883.171.380.99
EBITDA1.174.406.339.63(0.98)8.222.094.75
EBITDA margin+1.1%+3.2%+4.5%+5.6%-1.0%+4.9%+1.7%+3.4%
Depreciation0.550.670.580.630.570.610.530.56
Interest2.642.010.910.060.040.020.020.02
Profit before tax4.978.107.9211.221.2910.762.925.16
Tax1.402.452.252.410.302.300.751.24
Net profit3.575.655.678.810.998.462.173.92
EPS (β‚Ή)0.600.950.951.480.171.350.500.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue542507471606356175
Revenue growth+6.9%+7.7%-22.3%+70.1%+103.9%-
Other income14.616.337.754.054.123.68
Total expenses523491464601356175
Employee cost0.001.531.711.370.870.96
EBITDA19.3816.047.204.630.66(0.06)
EBITDA margin+3.6%+3.2%+1.5%+0.8%+0.2%-0.0%
Depreciation2.452.221.661.371.421.43
Interest3.010.080.270.480.140.22
Profit before tax28.5320.0713.026.833.221.97
Tax7.405.003.302.490.770.65
Net profit21.1315.5415.757.175.541.89
Net profit margin+3.9%+3.1%+3.4%+1.2%+1.6%+1.1%
EPS (β‚Ή)3.542.532.421.000.560.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital59.6959.6940.1643.1143.1143.11
Reserves & surplus206184112133136134
Shareholders' funds (net worth)266243152176179177
Minority interest0.000.000.000.06(0.01)0.00
Secured loans5.582.220.7225.9313.4626.06
Unsecured loans70.440.000.000.000.004.26
Total debt76.022.220.7225.9313.4630.32
Total liabilities342246154203193207
Assets
Gross block45.0639.0435.4731.5731.5631.52
Net block14.2711.579.357.108.479.85
Capital work in progress0.000.000.000.000.000.00
Investments15.0422.8715.2014.4614.0013.84
Inventories5.646.866.342.665.576.53
Sundry debtors72.6068.9857.1710277.5466.11
Cash & bank balances31.8841.3322.9422.8137.195.66
Loans & advances286193112135140138
Total current assets396310199263260217
Total current liabilities12513910311212069.47
Net working capital27117095.38151141147
Total assets342246154203193207
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash14.631.395.0515.535.0410.17
Net cash from operating activities(98.00)(72.87)26.91(29.85)38.52(5.17)
Net cash from investing activities17.07(18.86)(4.86)14.55(11.04)(9.32)
Net cash from financing activities70.79105(25.71)4.82(16.99)9.34
Net change in cash(10.14)13.24(3.66)(10.48)10.49(5.15)
Closing cash31.8841.3322.9422.8137.195.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+6.9%+7.7%-22.3%+70.1%+103.9%-
EBITDA growth+20.8%+122.8%+55.5%+601.5%+1200.0%-
PBT growth+42.2%+54.2%+90.6%+112.1%+63.5%+9997.0%
Net income growth+36.0%-1.3%+119.7%+29.4%+193.1%-
Revenue CAGR (3Y)-3.7%+12.5%+39.2%---
EBITDA CAGR (3Y)+61.2%+189.7%----
Profitability & leverage
Net income margin+3.9%+3.0%+2.1%+0.7%+0.7%+0.8%
Return on capital employed-+10.1%+12.0%+6.0%+3.8%+1.5%
Return on net worth-+7.6%+9.6%+4.0%+3.1%+1.1%
Debt / equity-0.010.080.110.120.17
Long-term debt / equity-0.010.000.020.040.06
Interest cover17.780.584.8714.72-18.42-14.77
Efficiency & per share
Fixed asset turnover-13.6114.0519.2011.305.54
Inventory turnover-76.84104.63147.3058.9126.76
Debtors turnover-8.045.916.754.962.64
EPS (β‚Ή)3.542.532.421.000.560.31
Dividend per share (β‚Ή)0.000.000.000.000.000.00
Book value per share (β‚Ή)0.0040.7537.9740.9341.6141.03
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10413514017294.44167120138
Revenue growth (YoY)+10.4%-19.2%+16.8%+24.3%+14.6%---
Other income7.076.543.102.292.883.291.380.99
Total expenses10313113316295.32158118133
EBITDA1.523.766.759.99(0.88)8.252.144.88
EBITDA margin+1.5%+2.8%+4.8%+5.8%-0.9%+5.0%+1.8%+3.5%
Depreciation0.490.630.580.630.570.610.530.56
Interest2.642.010.910.060.040.020.020.02
Profit before tax5.467.668.3611.591.3910.912.975.29
Tax1.402.432.252.410.302.760.751.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue540507470605356175124
Revenue growth+6.7%+7.8%-22.3%+69.8%+103.9%+41.4%-
Other income14.806.557.754.054.123.680.39
Total expenses521491462601356175120
Employee cost0.001.481.661.310.860.961.02
EBITDA19.6215.967.764.230.74(0.06)3.74
EBITDA margin+3.6%+3.2%+1.7%+0.7%+0.2%-0.0%+3.0%
Depreciation2.412.221.661.371.421.431.97
Interest3.010.080.270.480.140.220.21
Profit before tax29.0020.2113.586.433.301.971.95
Tax7.405.003.302.390.790.650.36
Net profit21.6015.7616.406.825.621.892.80
Net profit margin+4.0%+3.1%+3.5%+1.1%+1.6%+1.1%+2.3%
EPS (β‚Ή)3.622.552.560.930.580.310.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital59.6959.6940.1643.1143.1143.1121.61
Reserves & surplus207184113133136134137
Shareholders' funds (net worth)267244153176179177175
Secured loans0.380.000.1525.9313.4626.0616.59
Unsecured loans67.670.580.000.000.004.262.76
Total debt68.050.580.1525.9313.4630.3219.35
Total liabilities335245153202193207195
Assets
Gross block42.4939.0435.4731.5731.5631.5231.47
Net block11.7411.579.357.108.479.8511.23
Capital work in progress0.000.000.000.000.000.000.00
Investments14.4122.8915.1614.4714.0113.840.04
Inventories5.346.866.342.665.576.537.57
Sundry debtors70.7668.4556.5510277.5366.1163.78
Cash & bank balances30.1230.3022.9222.7437.185.6611.26
Loans & advances28820311213514013899.77
Total current assets394308198263260217182
Total current liabilities12413910311212069.4734.88
Net working capital27016995.22151141147148
Total assets335245153202193207195
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.601.374.9715.525.0410.170.97
Net cash from operating activities(85.66)(82.90)27.95(30.45)38.59(5.17)(18.01)
Net cash from investing activities20.33(18.77)(5.51)15.08(11.12)(9.32)8.73
Net cash from financing activities64.45104(26.05)4.82(16.99)9.3418.47
Net change in cash(0.87)2.24(3.61)(10.55)10.48(5.15)9.20
Closing cash30.1230.3022.9222.7437.185.6611.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.7%+7.8%-22.3%+69.8%+103.9%+41.4%-
EBITDA growth+22.9%+105.7%+83.5%+471.6%+1333.3%-101.6%-
PBT growth+43.5%+48.8%+111.2%+94.9%+67.5%+1.0%+68.1%
Net income growth+37.1%-3.9%+140.5%+21.4%+197.4%-32.5%-
Revenue CAGR (3Y)-3.7%+12.4%+39.1%+69.8%+48.3%+17.5%+4.6%
EBITDA CAGR (3Y)+66.8%+178.4%-+4.2%--90.3%+12.6%
Profitability & leverage
Net income margin+4.0%+3.0%+2.2%+0.7%+0.7%+0.8%+1.3%
Return on capital employed-+10.2%+12.3%+5.8%+3.8%+1.5%+1.9%
Return on net worth-+7.7%+10.0%+3.8%+3.1%+1.1%+1.7%
Debt / equity-0.000.080.110.120.140.12
Long-term debt / equity-0.000.000.020.040.070.09
Interest cover17.490.584.4316.78-20.59-14.7711.86
Efficiency & per share
Fixed asset turnover-13.6014.0319.1811.305.553.93
Inventory turnover-76.78104.49147.1058.9124.7914.01
Debtors turnover-8.115.936.744.962.691.64
EPS (β‚Ή)3.622.552.560.930.580.310.73
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.0040.8238.0440.8941.6241.0373.20

Competitors of Niraj cement

Niraj cement has 3 listed competitors in our database, 2 of them funded. They include IL&FS Transportation, G R Infraprojects and Hazoor.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
itnlindia.com2000Mumbai, India$21.52M151
Developer and operator of transportation infrastructure projects, including highways and tunnels
grinfra.com1995Udaipur, India$17.47M16,157
EPC provider for infrastructure projects and manufacturer of related materials
hazoormultiproject.com1992Mumbai, India97
Road infrastructure development is managed by Hazoor.
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Web traffic of Niraj cement

The website of Niraj cement (niraj.co.in) receives about 2K visits a month.

  • Monthly visits
    2K

    ▼ 75% vs previous month

Top companies in Real Estate Developers & Builders

3 companies that operate in the same segment as Niraj cement (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of luxury residential properties
1992Mumbai, Maharashtra, IndiaUSD 158.42 MUSD 55.39 M1,046
Residential and commercial properties are developed by Godrej Properties.
1990Mumbai, Maharashtra, IndiaUSD 546.88 M6,030
Premium residential building development services are provided.
1980Mumbai, Maharashtra, IndiaUSD 152.4 MUSD 658.36 M1,480
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Frequently Asked Questions about Niraj cement

Niraj cement was founded in 1972.

Niraj cement is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Dipak Dattagupta is the CEO of Niraj cement, as recorded in our data.

Niraj cement has 18 employees.

The primary company behind Niraj cement, Niraj Cement Structurals Limited, reported revenue of β‚Ή557 Cr for FY 2026, up 7% year on year.

Niraj Cement was established in 1972 and is based in Mumbai, India. Focus is placed on the infrastructure sector, particularly roads development. Services encompass planning, construction, and maintenance of road networks. Operations are conducted primarily within India, supporting various infrastructure projects. The company is led by CEO Dipak Dattagupta, with its online presence maintained through the domain niraj.co.in.

Niraj cement's top competitors include G R Infraprojects, IL&FS Transportation and Hazoor.

Niraj cement offers Transportation Infrastructure and Urban Infrastructure.

Yes, Niraj cement is publicly traded on NSE under the ticker symbol NIRAJ.

Niraj cement operates through Niraj Cement Structurals Limited.

The legal entities of Niraj cement currently have 8 directors, including Dimple Deepak Geruja, Vinaykumar Rajkumar Ghuwalewala, Anil Anant Jha and others.

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